New Economy

New Economic concept

Advantages

Physical assets are inferior in longevity to digital assets. The physical assets will turn into dust in a thousand years. The digital ones will remain unaltered. A person's body lives for a short time, their digital pictures and videos can live practically forever, can we say they have no value just because you can't touch them with your hands? It's the same with other items. Even large companies and corporations appear and disappear in a single generation, just as the generations themselves are constantly changing. And it all happens in a short period of time, for centuries... Values change, things that used to be expensive lose value or disappear over time.

In such a race, one would want a sturdy vehicle that won't fall apart before reaching the finish line. Just like our fiat money, whose value is diminishing every day. They have only one road to go down and that is an endless incline. Therefore, we need a limited emission of national currencies in adequate quantities. Such an economy will bring system transparency and confidence in the future; it will encourage price reduction instead of a constant rise. It will prompt us to shed transient physical assets and provide older generations with the assurance of a decent life.

This economy can be compared to Bitcoin: halving represents the systematic and gradual price reduction for goods. It turns out that earlier "miners" will earn more currency than the subsequent ones. As a result, older, more experienced generations will guide the development vector of the younger ones with their finances, and this cycle of samsarah will persist constantly. It's a new world where age is valued.

Let's prepare for our future, because time flies fast, at some point you and I will be the oldest people on this planet!